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Wednesday February 02, 02:15
Adobe raised its forecasts on fiscal first quarter
(by John Glagow)

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Adobe Inc. raised on Tuesday its forecasts on fiscal first quarter. The company is expecting EPS in the range of 47 cents to 51 cents per share on sales of $450 million to $470 million. Previously, the company predicted EPS in the range of 45 cents to 48 cents per share on sales of $435 million to $455 million. Analysts are expecting EPS of 47 cents on sales of $447.9 million.
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